FAMILY OWNED BUSINESS: GAINING COMPETITIVE EDGE THROUGH POSITIONING, MULTIPRENEURING AND INTERPERSONAL SKILLS.

Entrepreneurial decision process entails a movement from something to something – a movement from a present lifestyle to forming a new enterprise. The implications of this is that; Several Businesses are born in a year in the country. Some of them only live and die as ideas in the Memo and Article of Association. Some only live for the first year and fizzle out. Others live for a couple of years while others continue to be, against all odds.